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Search warrant in the name of assessee and family members. The word ‘family members’ can not be stretched to include wife, spouse, daughter or children, a person should be specifically named in the search warrant – Rajasthan High Court. ABCAUS Case Law Citation: 1016 (2016) (09) HC Brief Facts …
FAQ-Direct Tax Dispute Resolution Scheme 2016-CBDT Circular No.33 of 2016 F.No.142/11/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated: 12th September, 2016 Clarifications on the Direct Tax Dispute Resolution Scheme, 2016 The Direct Tax Dispute Resolution Scheme, 2016 (hereinafter …
Tax Audit report us/ 44AB filing due date for AY 2016-17 also extended to 17-10-2016-CBDT clarification regarding order u/s 119 dated 09-09-2016 F. No. 225/195/2016-ITA II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated the 14th of …
Amendment to Schedule-V Managerial Remuneration by companies having no profit or inadequate profit without Central Government approval-MCA Notification Government of India Ministry of Corporate Affairs Notification New Delhi, 12th September, 2016 SO……(E).- In exercise of the powers conferred by sub-sections (l) and (2) of section 467 of the Companies …
CA floated 90 companies for fake accommodation entries. However Reopening u/s 147 held bad as merely based on Investigation Wing Report which is without application of mind. ABCAUS Case Law Citation: 1015 (2016) (09) ITAT Brief Facts of the Case: A search operation u/s 132 of the Income-tax …
Recording two separate reasons for reopening u/s 147 148 bad as it itself shows non-application of mind and assumption of wrong jurisdiction – ITAT ABCAUS Case Law Citation: 1014 (2016) (09) ITAT Brief Facts of the Case: In the instant case, the assessee was aggrieved by the order …
No TDS liability us 194C for back to back contract in JV. Joint venture and its constituent members had no contractor or sub-contractor relationship -ITAT ABCAUS Case Law Citation: 1013 (2016) (09) ITAT Brief Facts of the Case: The assessee was an AOP which was forme as a joint …
Commissioner can allow fresh deduction claim u/s 264 under revision petition without requirement of filing of revised income tax return – Kerala High Court ABCAUS Case Law Citation: 1012 (2016) (09) HC Important Judgments Cited: Parekh Brothers v. Commissioner of Income Tax Goetze (India} Ltd. v. Commissioner of Income Tax …
Companies Mediation and Conciliation Rules 2016. CA CS CMA eligible for appointment as mediator/conciliator in the panel of experts under section 442 MCA has notified the Companies (Mediation and Conciliation) Rules, 2016. Under Section 442 of the Companies Act, 2013, the Central Government is authorised to maintain a panel …
IEPF Form Filing-Relaxation of additional fees. For Form 1-INV falling between 25-03-2016 to 06-09-2016, Form IEPF1 can be filed up to 03-10-2016-MCA Notification General Circular No. 10/2016 No. 05/05/2016-IEPF Government of India Ministry of Corporate Affairs 5th Floor, ‘A” Wing, Shastri Bhawan, Dr. R. P. Road New Delhi, …
